Decagon Asset Management LLP

Q3 2025 13F-HR Holdings

Location
London, X0
Holdings as of
9/30/2025
Date filed
11/14/2025
Form type
13F-HR
Num holdings
59
Total value ($000)
$198,062
Net value change ($000)
+44,657 (29.1%)
New positions
17
Sold out positions
16
Turnover %
144.6%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q2 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
CYBR 36,231 NEW
GTLS 27,567 NEW
AL 22,247 NEW
MCGA 11,036 NEW
ELME 8,670 NEW
Merus N.V. 7,883 NEW
DNOW 6,986 NEW
GSRF 6,931 NEW
BCSS 5,335 NEW
EMIS 5,224 NEW
Top Reduces (Value $000, Stocks/ETFs)
SKAA -34,162 -100.0%
KEL -19,200 -100.0%
KDK -10,137 -100.0%
BASE -8,036 -100.0%
KCHV -6,874 -100.0%
Cohen Circle Acquisition Corp. I -6,623 -100.0%
HELIX ACQUISITION CORP II -3,698 -100.0%
AXIN -3,532 -100.0%
MCGA -3,326 -100.0%
EGHA -3,000 -100.0%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 8,617 (4.4% of total reported value)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type